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Jan 1, 2013
01/13
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reid: mr. president? i did watch the presentation of my friend. i appreciate his tenacity. the presiding officer: the majority leader is recognized. mr. reid: and his thoroughness. i ask unanimous consent the senate proceed to executive session to consider the following nominations calendar numbers 870, 871, 878, 879, 911, 912, 913, 914, 915, 916, 917, 989, 919, 920, 922, 934, 945, 941, 942, 943, 944, 945, 946, 947, 949, 950, 951, 953, 954, 955, 956, 957, 958, 959, 960, 961, 962, 964 with the following exceptions. colonel steven raider, colonel randall spear, eric peterson and all nominations placed on the secretary's desk, the nominations be confirmed en bloc, no intervening action or debate, no further motions be in order to any nominations and any related statements be printed in the record and president obama be immediately notified of the senate's action. the presiding officer: without objection. mr. reid: i ask unanimous consent the senate consider calendar number 645 and we proceed to vo
reid: mr. president? i did watch the presentation of my friend. i appreciate his tenacity. the presiding officer: the majority leader is recognized. mr. reid: and his thoroughness. i ask unanimous consent the senate proceed to executive session to consider the following nominations calendar numbers 870, 871, 878, 879, 911, 912, 913, 914, 915, 916, 917, 989, 919, 920, 922, 934, 945, 941, 942, 943, 944, 945, 946, 947, 949, 950, 951, 953, 954, 955, 956, 957, 958, 959, 960, 961, 962, 964 with the...
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93
Dec 30, 2012
12/12
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FBC
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senate majory leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out a proposal earlier this evening. at the beginning of this meeting. $250,000 per year. that income would be shielded from tax increases, and now he wants an extension of unemployment insurance. that is something that essentially a nonstarter in a republican-controlled house. now he is leaving it up to the two leaders in the u.s. senate try to reach a compromise. something perhaps along the line of what is being negotiated between the speaker and the president a couple of weeks ago. perhaps a tax increase for amounts of more than $400,000 or $500,000 per year. also, senate leaders want to includsomething on the este tax, according to a white house official. we'll can also be key to this is that the white house officials are also telling fox news and ed henry that it appears as though the debt ceiling is not part of that. this is a huge nonstarter for republicans in the house. they wa
senate majory leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out a proposal earlier this evening. at the beginning of this meeting. $250,000 per year. that income would be shielded from tax increases, and now he wants an extension of unemployment insurance. that is something that essentially a nonstarter in a republican-controlled house. now he is leaving it up to the two leaders in...
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Dec 31, 2012
12/12
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FBC
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do we just wait for harry reid and mitch mcconnell to come up with something? when might we have more of these meetings? reporter: senate leaders will meet tonight. carrie reeder says he is suspendi regular business on the senate floor tomorrow so leadership can work on us. they are working on issues and have been for the last couple of days. at that point, sometime sunday morning, they will have to make a decision as whether they got enough vot for they have come up with something that can actually pass the hous and the senate. if that's the deal and they do reach some kd of skeleton or compromise that they can sell the democrats and republicans in the house and senate, they will begin that process once leadership is signed off. the time from then it's a little bit longer when you consider that the house has a rule that any bill must be posted online, it must be public for three days. the senate has a number of procedural hurdles. the senate is strange. you can get something done in unanimous consent, while, floor, walk off and its past -- or you can deal with
do we just wait for harry reid and mitch mcconnell to come up with something? when might we have more of these meetings? reporter: senate leaders will meet tonight. carrie reeder says he is suspendi regular business on the senate floor tomorrow so leadership can work on us. they are working on issues and have been for the last couple of days. at that point, sometime sunday morning, they will have to make a decision as whether they got enough vot for they have come up with something that can...
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Dec 27, 2012
12/12
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FBC
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harry reid saying it is republicans fault and somebody from boehner's office said harry reid has to talk less and legislate more. it is comical. it is simply comical what is going on. does it surprise you? >> sadly it does not surprise me too much. the truth is this. there has to be a bargain struck and not a good way to bargain to demonize the people you'll be sitting at the table with. harry reid called a speaker john boehner a dictator. republicans have fought that, they are not innocent in this. timtime to take down the verbal warfare and cut a deal sparing the fallout of the fiscal cliff. gerri: can we get anything with any meaning before the end of the year? >> not get your hopes up on a big deal on the debt. not too many tax increases, some will be in there. avoiding the sequester, the spending cuts, that is the best thing that could happen at this point and i'm pretty optimistic person, i get up every morning thinking good things will happen but this is causing me to drink every night so i did not know if i will get there or not. gerri: you glass half-full kind of guy. i hope you
harry reid saying it is republicans fault and somebody from boehner's office said harry reid has to talk less and legislate more. it is comical. it is simply comical what is going on. does it surprise you? >> sadly it does not surprise me too much. the truth is this. there has to be a bargain struck and not a good way to bargain to demonize the people you'll be sitting at the table with. harry reid called a speaker john boehner a dictator. republicans have fought that, they are not...
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Dec 28, 2012
12/12
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WUSA
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senate majority leader harry reid says the likelihood of reaching a deal is a long shot. but senator charles schumer told the "today" show that the odds are better than people think. if a deal were to pass, senate house speaker john boehner would have to agree to take it to the floor of the republican controlled house. danielle nottingham has more. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last- minute agreement to avoid automatic spending cuts and tax increases due to kick in on january 1st. >> probably the worst case scenario will come out of this maybe today and -- meeting today and that is we will kick the can down the road. >> reporter: senator bob corker told "cbs this morning" he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like opti
senate majority leader harry reid says the likelihood of reaching a deal is a long shot. but senator charles schumer told the "today" show that the odds are better than people think. if a deal were to pass, senate house speaker john boehner would have to agree to take it to the floor of the republican controlled house. danielle nottingham has more. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and...
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Dec 29, 2012
12/12
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if harry reid and mr. mcconnell can't come up with something, then you have barack obama's proposal and he wants that up or down vote, and one way or another, he is going to try to get people on the record. >> and joy, before it gets to the house republicans, there are plenty of republicans in the senate who could mess this up, right? even if mcconnell and reid have a deal, there is not a guarantee that there is not a single tea party-backed senator who would stand in the way and say it won't pass me. >> are you giving rand paul the side eye? >> i had him in mind, true. >> and at the end of the day, mitch mcconnell is a better leader of the caucus than boehner is, and mcconnell has controlled the levers of the filibuster process, and the tact that he is meeting with harry reid means there won't be a filibuster and i would be surprised if he could not whip the congress. we have not seen a weaker speaker of the house than john boehner who has essentially thrown up the hands and walked away from the process a
if harry reid and mr. mcconnell can't come up with something, then you have barack obama's proposal and he wants that up or down vote, and one way or another, he is going to try to get people on the record. >> and joy, before it gets to the house republicans, there are plenty of republicans in the senate who could mess this up, right? even if mcconnell and reid have a deal, there is not a guarantee that there is not a single tea party-backed senator who would stand in the way and say it...
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Dec 30, 2012
12/12
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CSPAN
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both president obama and senate majority leader harry reid claim it is an achievable plan, one that can pass both houses of congress. and republicans agree. the republican controlled house is taking the step into the right direction. the house has already passed a bill to protect all americans from burdensome tax increases. they passed legislation rick -- replaced damaging spending cuts with responsible targeted ones and to bring our nation's record debt under control. instead of working across the aisle and considering the house passed plan to protect taxpayers, senate democrats spent months going partisan -- drawing partisan lines in the sand. the president's proposal to raise taxes on the top to% of americans will might even play one-third of the annual interest owned on this massive $16 trillion debt. the president's tax hike would only fund the government for eight days. americans deserve to know what does the president propose we do for the other 357 days of the year. inaction should not be an option. the problems facing our country are big with their not necessarily all that comp
both president obama and senate majority leader harry reid claim it is an achievable plan, one that can pass both houses of congress. and republicans agree. the republican controlled house is taking the step into the right direction. the house has already passed a bill to protect all americans from burdensome tax increases. they passed legislation rick -- replaced damaging spending cuts with responsible targeted ones and to bring our nation's record debt under control. instead of working across...
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Dec 31, 2012
12/12
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WBAL
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>> we understand that senator harry reid, the majority leader, will what are lawmakers workingn today? >> we understand that senator harry reid, the majority leader, will reintroduce the pre fiscal cliff, maryland would be hit hard with hundreds of millions of dollars and tens of thousands of jobs lost. >> if america falls off that fiscal cliff, maryland would be hit hard with hundreds of millions of dollars and tens of thousands of jobs lost. >> good morning, in marylanee hit hard with hundreds of millions of dollars and tens of thousands of jobs lost. >> good morning, in maryland, we have a lot of federal workers and businesses that rely on the federal government. good morning, in maryland, we have a lot of federal workers and businesses that rely on the federal government. if lawmakers cannot reach a budget deal, some say it would affect maryland more than other states for the department of legislative services put together a report that estimates on theerse i federal government. if lawmakers cannot reach a budget deal, some say it would affect maryland more than other states for t
>> we understand that senator harry reid, the majority leader, will what are lawmakers workingn today? >> we understand that senator harry reid, the majority leader, will reintroduce the pre fiscal cliff, maryland would be hit hard with hundreds of millions of dollars and tens of thousands of jobs lost. >> if america falls off that fiscal cliff, maryland would be hit hard with hundreds of millions of dollars and tens of thousands of jobs lost. >> good morning, in...
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Dec 30, 2012
12/12
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CNNW
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shown absolutely good faith in just that we're a part on some pretty big issues. >> that was harry reid, the senate majority leader representing the democratic side of things. from the sound of both men, it appears that they are at an impasse. and certainly not optimistic when it comes to trying to reach any kind of any negotiated settlement right now. 6 we'll continue to listen in here. >> who yields time? i want to bring in dana bash. does it sound like they've broken off all talks. they've said, okay, that's it, i've made my proposal, you've made yours, we're too far apart. >> i wouldn't say they've broken off all talks. but what i will say is that this is very, very bad news, a very bad sign. as you and i talked about at the top of the hour, it is, it is good news or a good sign when we don't, we in the media don't hear a lot of what's going on in private. when either side decides to come out and say that there is a major setback or there is a big problem, that's a big red flag. the fact is that the republican leader came out and he said he wants to dance. close to a deal. he just n
shown absolutely good faith in just that we're a part on some pretty big issues. >> that was harry reid, the senate majority leader representing the democratic side of things. from the sound of both men, it appears that they are at an impasse. and certainly not optimistic when it comes to trying to reach any kind of any negotiated settlement right now. 6 we'll continue to listen in here. >> who yields time? i want to bring in dana bash. does it sound like they've broken off all...
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Dec 29, 2012
12/12
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reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up or down vote to protect the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation on more economic growth and deficit reduction. i believe such a proposal could pass both houses with bipartisan majorities as long as those leaders allow it to come to a vote. if members of the house or senate want to vote no, they can, but we shall let everybody vote. that is the way this is supposed to work. if you can get a majority in the house and in the senate, then we should be able to pass the bill. the american people are watching what we do. their patience is already thin. this is dÉjÀ vu all over again. america wonders why it is that in this town you cannot get stuff done in an organized timetable. everything always has to wait until the last minute. we are at the last minute. the american people are not going to have any patients f
reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up or down vote to protect the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation on more economic growth and deficit reduction. i believe such a proposal could pass both houses with bipartisan majorities as long as those leaders allow...
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Dec 29, 2012
12/12
by
FBC
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reid thinks the next 20 four hours are important? you're supposed to as investor be thinking long term. to leave this down to the last minute like this is cruel and is a distic to investors. one of the reasons you saw the tremendous drop today. you mentioned monday night being volatile. that is holiday day. it is thinly traded. with the fiscal cliff literally occurring you can bet it will be extremely volatile sunday and monday night. adam: spencer, if i were in individual stocks seems not it the time to sell them or will we see that. >> the important thing to keep in mind with stocks, one part we have to worry about is the fiscal cliff. we have taxes and spending to worry about there. but what the real issue is, in my opinion is the debt ceiling debate that is just around the corner. adam: oh, joy of joy. >> if we get some deal with the fiscal cliff which i think we will and our politicians are the worst even a blind squirrel will occasionally find a nut. they will get this done sometime by january 15th or something like that. if th
reid thinks the next 20 four hours are important? you're supposed to as investor be thinking long term. to leave this down to the last minute like this is cruel and is a distic to investors. one of the reasons you saw the tremendous drop today. you mentioned monday night being volatile. that is holiday day. it is thinly traded. with the fiscal cliff literally occurring you can bet it will be extremely volatile sunday and monday night. adam: spencer, if i were in individual stocks seems not it...
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Dec 29, 2012
12/12
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senator reid says he is awaiting good faith proposals from the republicans. president obama said after the meeting he is modestly optimistic a deal can be reached. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. >> his movies have grossed over $600 million. >> it means i get to reinvest in what i do and i'm able to hire a lot more people. >> and he knows how to wear a dress. have you ever thought you were going to be world famous for cross dressing. >> never in a million years. even the first time i did it, i didn't think it would last as long as it did. >> the greatest gift in my life is what my audience has given me. >> and she's
senator reid says he is awaiting good faith proposals from the republicans. president obama said after the meeting he is modestly optimistic a deal can be reached. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan...
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90
Dec 29, 2012
12/12
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FBC
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staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that framework to try to craft a proposal to pass both houses of congress. aides say it would likely increase the threshold for tax increases, reversing massive pay cut from medicare doctors, and elections of millions of americans to avoid paying the alternative minimum tax. an increase in the debt ceiling is not part of the discussion. that is significant development for house republicans who won any increase in the borrowing limit it accompanied by an equal amount in spending cuts taking the debt ceiling of the table making it much easier for the scaled-down version to be negotiated. from here senate le
staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that...
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Dec 27, 2012
12/12
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WBAL
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harry reid's plan will avoid tax creases for -- tax increases for people making too large and $50,000. >> you will see a two-step process here, one with the media dynamic so you can set up a situation where you can deal with a larger situation. >> without a deal, bush-era tax cuts will expire january 1 and spending cuts will set in. counters -- congress has set a deadline but so far that has backfired. now there is a new warning from the treasury secretary that this country is about to hit its debt limit and needs to act fast. in washington, danielle leigh, nbc news. >> as we head to the new year, a number of new laws are set to effect here in maryland. one allowing gay couples to marry as of january 1. another new law states baltimore city elections will be held on the same cycle as the presidential election, meaning officials will get an extra year in office. as of january 1, a parent or guardian will have the right to free credit reports to protect kids and disabled adults from identity theft. it is hoped it will protect foster children, who are especially vulnerable. >> we are hop
harry reid's plan will avoid tax creases for -- tax increases for people making too large and $50,000. >> you will see a two-step process here, one with the media dynamic so you can set up a situation where you can deal with a larger situation. >> without a deal, bush-era tax cuts will expire january 1 and spending cuts will set in. counters -- congress has set a deadline but so far that has backfired. now there is a new warning from the treasury secretary that this country is about...
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Jan 1, 2013
01/13
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CNNW
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our photographer just saw him go into harry reid's office. he's currently meeting, i don't know, one-on-one, or maybe with other members of the senate democratic leadership in the office of senator harry reid, which is just around the corner from where i'm standing right now. you see this crowd of people behind me. those are reporters waiting to see if the vice president is going to come through because he's eventually going to come through he and meet with all of the senate democrats for the meeting you were talking about with the senator. sounds as though they're doing a little talking about -- a little bit of a game plan about how they're going to present this to the caucus, and obviously, that's a very delicate issue for reasons we have been talking about. the democratic caucus, many of them are not happy. in fact, i have to tell you i was told by one democratic senator when they put up on a screen, they put up yesterday in a meeting that democrats were having, they put up almost like a power point, i believe, some of the aspects of the p
our photographer just saw him go into harry reid's office. he's currently meeting, i don't know, one-on-one, or maybe with other members of the senate democratic leadership in the office of senator harry reid, which is just around the corner from where i'm standing right now. you see this crowd of people behind me. those are reporters waiting to see if the vice president is going to come through because he's eventually going to come through he and meet with all of the senate democrats for the...
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Dec 30, 2012
12/12
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MSNBCW
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so if harry reid and mr. mcconnell can't come up with something, then you've got barack obama's proposal and the up or down vote and one way oar the over, he's going to get them on the record. >> joy, even before he gets to the house, there are plenty of republicans in the senate who can mess this up, right? even if they have a deal, there's no guarantee that there isn't a deal, tea-party backed senator. >> are you giving rand paul the side eye here? >> i had him in mind. that's true. >> at the end of the day, mitch mcconnell is a much better leader of his caucus than john boehner is and he's really controlled the levers of the filibuster process. i would find that very surprising if he couldn't win his caucus. the problem is here never have we seen, not in my lifetime, a weaker speaker of the house of representatives than john boehner. john boehner has essentially thrown up his hands and walked away from the congress and the main da mandate and he's essentially said, you guys pass something. it's the house t
so if harry reid and mr. mcconnell can't come up with something, then you've got barack obama's proposal and the up or down vote and one way oar the over, he's going to get them on the record. >> joy, even before he gets to the house, there are plenty of republicans in the senate who can mess this up, right? even if they have a deal, there's no guarantee that there isn't a deal, tea-party backed senator. >> are you giving rand paul the side eye here? >> i had him in mind....
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Dec 28, 2012
12/12
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FOXNEWSW
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reid, mr. obama starting the warfare about taxing the rich. reid sat on the bill. why didn't he bring it up for a vote? why didn't it get fair debate? mr. reid hasn't passed a budget and we going to believe they're serious about the fiscal problems? let's go offense the cliff. >> we have two cameras outside the white house right now. that one i believe is perched on pennsylvania avenue and we have another camera which is perched facing the side entrance. those are the suvs that likely boehner, mcconnell, pelosi and reid will come out of. let's talk about the deal. what if there's a deal, craig, for, i don't know, say 4 hr $500,000 the threshold of who gets taxes and who keeps -- everybody under that number keeps their tax cuts. everyone over pays more and there's spending cuts. is that a bad deal? >> yeah. i think it is. let me tell you why. because you can't get everything out of this deal that you want and frankly, all we're doing is kicking the can down the road. you know as well as i do this does nothing to deal with the $1 trillion plus deficits we have yearly
reid, mr. obama starting the warfare about taxing the rich. reid sat on the bill. why didn't he bring it up for a vote? why didn't it get fair debate? mr. reid hasn't passed a budget and we going to believe they're serious about the fiscal problems? let's go offense the cliff. >> we have two cameras outside the white house right now. that one i believe is perched on pennsylvania avenue and we have another camera which is perched facing the side entrance. those are the suvs that likely...
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Dec 27, 2012
12/12
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KTVU
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on the senate floor today harry reid blasted john john boehner, accusing him of inaction, he called on him to round up his colleagues so a deal can be reached. >> john boehner seemed to care more about keeping his speaker s hip than keeping the nation on firm footing. >> a speaker for him said he should legitimate more and talk less about that. major tax cuts will hit by then, the president cut short his vacation in hawaii to resume negotiations. >>> a new survey shows u.s. consumer confidence tumbled as the fiscal cliff nears, the consumer confidence index fell to 65 in december, the lowest level since august, last month it was at 71.5. economists say the decline is due to fears of sharp tax increases and government spending cuts set to take effect next week. barkley is considering a plan to change the face of downtown with the first high rise in that city in 40 years, a los angeles real estate group today submitted and application for the plan which calls for a 17 story luxury apartment complex on harold way by the downtown bart station. the plan includes a rooftop garden, conference
on the senate floor today harry reid blasted john john boehner, accusing him of inaction, he called on him to round up his colleagues so a deal can be reached. >> john boehner seemed to care more about keeping his speaker s hip than keeping the nation on firm footing. >> a speaker for him said he should legitimate more and talk less about that. major tax cuts will hit by then, the president cut short his vacation in hawaii to resume negotiations. >>> a new survey shows u.s....
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Dec 27, 2012
12/12
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MSNBCW
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harry reid says there's not. seems to me more of the same ping-pong we've had over the last few days. >> were no closer to steering away from the cliff. we are much closer to the cliff. the president made a round of calls last night to talk to congressional leaders about the need to get something done. no one has that produced in the form of a bill. senate majority leader mitch mcconnell is saying this is the first contact he's had from a democrat since thanksgiving. you need unanimous continue sent for a lot of things to happen. >> and we're now hearing that the white house is denying there's a new plan from the president. so the white house and harry reid are both denying scott brown and gopas about this new physical cliff plan which puts us back to square one. you tackled this issue of john boehner's control over his conference. in a really interesting way. you basically said he's a substitute teacher in the sense that even when he disciplines folks like holtzcamp who were insubordinate and ripped them of comm
harry reid says there's not. seems to me more of the same ping-pong we've had over the last few days. >> were no closer to steering away from the cliff. we are much closer to the cliff. the president made a round of calls last night to talk to congressional leaders about the need to get something done. no one has that produced in the form of a bill. senate majority leader mitch mcconnell is saying this is the first contact he's had from a democrat since thanksgiving. you need unanimous...
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251
Jan 1, 2013
01/13
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CNBC
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harry reid was going to bring a bill to the floor. they applauded him tonight for getting that threshold up. so they feel that is a success on tax breaks. and igore as i understand it. all of your good friends and the respectful liberals, they do not want $400,000 they would rather go back to $200,000. they don't want to cut spending. they want the 250. it is what he campaigned on and what he wanted. the president has put medicare cuts on the table. and very controversial with his caucus. a lot of us think it should not be off the table. he went there. he went there half way more. >> the senate democrats vetod any cost of living adjustment. >> right. this is why he had to be pushed out and mitch mcconnell had to be taken over by joe biden. they don't want to cut spending they want to raise taxes. if you want to talk about it later, it should be part of a different deal. but when it comes to different cuts in medicare. this is what is on the table. it brings efficiency into the system. it was part of the president's budget in 2012. rep
harry reid was going to bring a bill to the floor. they applauded him tonight for getting that threshold up. so they feel that is a success on tax breaks. and igore as i understand it. all of your good friends and the respectful liberals, they do not want $400,000 they would rather go back to $200,000. they don't want to cut spending. they want the 250. it is what he campaigned on and what he wanted. the president has put medicare cuts on the table. and very controversial with his caucus. a lot...
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Dec 30, 2012
12/12
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harry reid's comments that you played earlier. it does not look like the democrats are going to budge on the chain cpi. they've publicly taken a stand against it. ironically on the same day where barack obama noted that he was in favor of perhaps agreeing to chain cpi as part of a bigger deal. so from what i can tell, the chain cpi is off the table for democrats. if that's not enough for the -- if that's a must-have for the republicans, then we're not going to have a deal. >> i'm going to interrupt you, we're going to keep tracking this story together. >>> coming up next, a man you're not seeing on tv, he's playing in the background. he may be the most feared man in washington and he doesn't even hold office. >> if i went and became a tibetan monk on the top of some mountain somewhere, the american people would still, they were against tax increases long before i was born. the whole tea party thing predates me. >>> grover norquist on the fiscal cliff showdown and why politicians won't back down from signing his anti-tax pledge. so
harry reid's comments that you played earlier. it does not look like the democrats are going to budge on the chain cpi. they've publicly taken a stand against it. ironically on the same day where barack obama noted that he was in favor of perhaps agreeing to chain cpi as part of a bigger deal. so from what i can tell, the chain cpi is off the table for democrats. if that's not enough for the -- if that's a must-have for the republicans, then we're not going to have a deal. >> i'm going to...
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harry reid followed by johnson -- john thune. >> thank you. i was gratified to hear the cuts are off the table. they should never have been on the table to begin with. there is still significant difference between the two sides. negotiations continue. we intend to continue negotiations. we will come in at 11:00 a.m. tomorrow morning. we will have further announcements. i hope so. >> next, talking about the fiscal cliff. john thune. >> thank you for the update. midafternoon today, senator john thune spoke with reporters on where things stand on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but discussions still continue. senator mcconnell and vice president joe biden are continuing to discuss this and we think there still could be a path forward. democrats have come out and made a huge deal out of changing th
harry reid followed by johnson -- john thune. >> thank you. i was gratified to hear the cuts are off the table. they should never have been on the table to begin with. there is still significant difference between the two sides. negotiations continue. we intend to continue negotiations. we will come in at 11:00 a.m. tomorrow morning. we will have further announcements. i hope so. >> next, talking about the fiscal cliff. john thune. >> thank you for the update. midafternoon...
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he has reached out to majority leader reid, and nancy pelosi, to sign off. they gave it. so the white house right now feeling quite confident about this agreement that has been reached. of course, we're talking about the opposition that has been emerging from the left, including labor leaders, he says it is not good enough, why? because the tax rates are not the ones that president obama campaigned on. remember the president campaigned saying that he wanted to see taxes going up on those making $250,000 or more. this of course raises taxes on people making $400,000 or more, if you're single, $450,000 for a couple. so folks on the left saying this is not good enough. but the white house, mitch mcconnell, vice president joe biden believes it is a good deal because it represents compromise on all sides. i also spoke to one of my democratic sources who said look, if you look at the way the sequester has worked out, yes, it has only staved off for two months. however, they are off setting the cuts both through revenue as well as spending cuts. the reason democrats believe it i
he has reached out to majority leader reid, and nancy pelosi, to sign off. they gave it. so the white house right now feeling quite confident about this agreement that has been reached. of course, we're talking about the opposition that has been emerging from the left, including labor leaders, he says it is not good enough, why? because the tax rates are not the ones that president obama campaigned on. remember the president campaigned saying that he wanted to see taxes going up on those making...
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harry reid saying we did our job months ago. do you think we til would be@posturing stage at the end of that white house meeting tomorrow? >> in your introduction you made the fundamental point here which is that this agreement before the end of the year, simply cannot go forward unless john by nor is willing to let it do so with majority democrats in the house. if we go over the curve as you put it, they can vote for a large tax decrease becaused off of the new rates that would be reset. they can say we votes to cut taxes for 98% of households. but it is the only scenario that i cap see out there in the near term. >> the building that read has passed. let's lis ep to what mitch mcconnell said about that? >> the senate bill passed with ome democratic votes and despite this repeated calls for the house to pass it. he knows that he himself is the reason it can't happen. the paperwork never left the senate. i said at that time we knew it didn't pass constitutional muster. it has one procedural rule for congress that all tax bills m
harry reid saying we did our job months ago. do you think we til would be@posturing stage at the end of that white house meeting tomorrow? >> in your introduction you made the fundamental point here which is that this agreement before the end of the year, simply cannot go forward unless john by nor is willing to let it do so with majority democrats in the house. if we go over the curve as you put it, they can vote for a large tax decrease becaused off of the new rates that would be reset....
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one person isn't spotted yet on the beltway is house speaker john boehner and harry reid took him to task for it earlier. demanding that he bring the chamber of commerce back to session for a deal to be struck. >> the house of representatives with four days left aren't here with the speaker having told them he will give them 48 hours' notice. if we go over the cliff it will be with the knowledge that could have been done with a single vote. >> andrea: boehner's spokesman said reid should talk less. the speaker insists the senate should ask first for members to reconvene on sunday. we can go off the cliff. pass the obama tax cut and reinstate the sequester cuts to things like he likes like the national institute of health and cut the defense budget. put republicans in the corner to say you want to bring a bill to the floor? be my guest. am i right? >> bob: my, you are cynical. keep in mind, they said, boehner said he wants to go to the senate. under the constitution, you cannot start a bill on taxes in the senate. has to come from the house. there is a 48-hour limit because you have t
one person isn't spotted yet on the beltway is house speaker john boehner and harry reid took him to task for it earlier. demanding that he bring the chamber of commerce back to session for a deal to be struck. >> the house of representatives with four days left aren't here with the speaker having told them he will give them 48 hours' notice. if we go over the cliff it will be with the knowledge that could have been done with a single vote. >> andrea: boehner's spokesman said reid...
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so does harry reid. and so does the president. i think the problem lies with the tea party republicans in the house. that is the problem. i think it makes no sense to assign blame right now. i think the next 24 hours are critical. i worry about the automatic defense cuts. medicare, people vulnerable problems but i think there is a genuine effort by these leaders right now especially mcconnell and harry reid to get a bill to the senate floor that you mentioned that moves us in the right direction. maybe short-term and then in a few days later after the new year's a longer term grand bargain. >> sean: you know, governor, with all -- we are goodiends, y question. for 1300 p. days over three years the senate has a constant -- i know you are laughing. the senate as a constitutional authority to pass spending bills and they he haven't done it. and now three days before the country is going over a fiscal cliff and now maybe might get a mini deal and now they are engaged. don't you think that is irresponsible from the democratic standpoin
so does harry reid. and so does the president. i think the problem lies with the tea party republicans in the house. that is the problem. i think it makes no sense to assign blame right now. i think the next 24 hours are critical. i worry about the automatic defense cuts. medicare, people vulnerable problems but i think there is a genuine effort by these leaders right now especially mcconnell and harry reid to get a bill to the senate floor that you mentioned that moves us in the right...
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all of those have been on leader reid's desk, and my question is why would he let it sit there? when you have paperwork on your desk, and let's say this is your employee, and the paperwork is marked on the desk urgent and some hitting in may and august and why not take it up. >> plenty of blame to go around, but last week, and go back a week ago -- >> okay. >> and when john boehner came up with what i kept seeing the pictures of john boehner and president obama sitting together and very good picture and they are both good guys to come up with a plan, and john boehner came up with a plan that democrats would not enjoy the idea that taxes going up on people earning more than $1 million a year and not acceptable for most people, but he could not get members of his own caucus to agree to it, so it is not fair for the republicans to somehow suggest that we are here because of the democrats. i am not saying that the democrats had nothing to do with it, but you can't get your own act together, and the republicans and the democrats in the house can't get their act together. >> well, we
all of those have been on leader reid's desk, and my question is why would he let it sit there? when you have paperwork on your desk, and let's say this is your employee, and the paperwork is marked on the desk urgent and some hitting in may and august and why not take it up. >> plenty of blame to go around, but last week, and go back a week ago -- >> okay. >> and when john boehner came up with what i kept seeing the pictures of john boehner and president obama sitting...
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according to harry reid, they are still waiting for cbo, they have to get a prize take price e congressional budget office on the deal put on the table. i am not sure if richardson is in place, but this is the deal that we have been talking about throughout the day at fox business, that would raise taxes on individuals risen $400,000 or more. married couples $450,000 or more, as we learn later this evening this is the same deal that will have a buy down. keep the sequestration, the spending cuts that take place at 12:01, put on hold for two months, but that won't happen until you have to have the senate passed it an in the house passed it. we have seen no movement in the house because the house has not been given any details or any paper as they would say as to deal the senate is looking at right now. you're seeing a live picture outside one of the meeting rooms, this is the ohio clock, this is where usually get statements from harry reid and different members of the senate, but we did receive a message from charles schumer a vote taking place but midnight on the deal of earning the big tax
according to harry reid, they are still waiting for cbo, they have to get a prize take price e congressional budget office on the deal put on the table. i am not sure if richardson is in place, but this is the deal that we have been talking about throughout the day at fox business, that would raise taxes on individuals risen $400,000 or more. married couples $450,000 or more, as we learn later this evening this is the same deal that will have a buy down. keep the sequestration, the spending...
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senators reid and mcconnell will try to come to a deal. if they fail, the white house and harry reid are going to try to jam through a bill that increases taxes on rich people and extends unemployment insurance, which are the two key democratic priorities. they'll pretty much dare republicans to block it. and republicans probably won't be able to, at least not for long. here's johnny isaacson, a republican senator from georgia, over the weekend. >> if we get down to the end of this year, and the only choice we have is to save taxes going up on the middle class, then i would support that. >> last weekend, "the wall street journal" had a great piece going behind the scenes on the fiscal cliff negotiations. and in it, they quoted this exchange between speaker boehner and president obama. mr. boehner said he wanted to deal along the lines what the two men had negotiated, summer of 2011, in the fight over raising the debt ceiling. "you missed your opportunity on that," the president told him. cold. but what we know right now, what we know from
senators reid and mcconnell will try to come to a deal. if they fail, the white house and harry reid are going to try to jam through a bill that increases taxes on rich people and extends unemployment insurance, which are the two key democratic priorities. they'll pretty much dare republicans to block it. and republicans probably won't be able to, at least not for long. here's johnny isaacson, a republican senator from georgia, over the weekend. >> if we get down to the end of this year,...
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. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker john boehner, accusing him of running a dictatorship in the house. >> speaker boehner is not willing to negotiate. we have not heard a word from leader mcconnell. nothing is happening. >> reporter: mitch mcconnell, the top republican in the senate, said it's reid who hasn't reached out for weeks. >> the phone never rang. and so now here we are, five days from the new year, and we might finally start talking. >> reporter: but talking about what? so far, reid has not introduced the scaled-down bill he was reportedly working on over the christmas holiday. sources say that bill would extend the bush-era tax cuts for
. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker...
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senate majority leader harry reid said we should talk to vice president biden and mitch mcconnell. earlier republicans suggested changing the way inflation is calculated on changes like social security read offered this reaction late in the day. >> i was really grass fied to hear republicans taking command by social security set off the table. this should never have been on the table to begin with. there is still significant difference between the two sides negotiations continue. still time left to reach an agreement. >> meanwhile west virginia democrat joe mansion introduced the calm act trying to soften the blow as the country goes off the fiscal cliff. it would maphase in tax hikes or the years and prioritize spending cuts. he says he's frustrated and tried to do something. >> it was crossing the wires it's more than frustration it sounds like desperation at this point as they are losing hope. the chained cpi the social security adjustment you were talking about basically changes the way they configure the cost of living and would make those benefits smaller checks. does it soun
senate majority leader harry reid said we should talk to vice president biden and mitch mcconnell. earlier republicans suggested changing the way inflation is calculated on changes like social security read offered this reaction late in the day. >> i was really grass fied to hear republicans taking command by social security set off the table. this should never have been on the table to begin with. there is still significant difference between the two sides negotiations continue. still...
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when it got to the house it got stuck, so senator inhofe and i and senator reid went over to meet with john boehner and chairman mica and we all agreed we'd get it done. neither side got everything they want and anyone who takes that position in my opinion is not putting country first. i don't care whether they are republican, a democrat, or anything else. we are not each of us going to get everything we want. lord knows. there's a lot i could do if i had a wand and could make it happen. but everybody has a different view of exactly how to go forward and i think we're being tested here. so i know it's tough going, and i know if we don't get a deal, it doesn't stop there, we'll keep on working. but there is no reason on this beautiful god's green earth why we can't get a deal here. if everyone is sincere in saying they want the middle class could be protected, we can get a deal here. president obama says $250,000 is the line, maybe i think $350,000 is the line, maybe someone else $500,000, maybe somebody else $150,000. we can meet somewhere and cut that reason somewhere in the middle. a
when it got to the house it got stuck, so senator inhofe and i and senator reid went over to meet with john boehner and chairman mica and we all agreed we'd get it done. neither side got everything they want and anyone who takes that position in my opinion is not putting country first. i don't care whether they are republican, a democrat, or anything else. we are not each of us going to get everything we want. lord knows. there's a lot i could do if i had a wand and could make it happen. but...
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senator reid said he's awaiting good faith proposals from the republicans. president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. so stay tuned right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. he is also an entrepreneur, with his own movie studio >> his movies have grossed over $600 million. >> it means i get to reinv
senator reid said he's awaiting good faith proposals from the republicans. president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment...
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but it sounds like reid doesn't want to get played here. he says he's going to only bring that bill to the floor if the house agrees to work with him on final passage. the house couldn't deliver a vote on the last republican plan so that condition seems like a deal breaker. but tom cole, the number four house republican says sometimes the real imagine ek happens in the bottom of the ninth. >> i'm going to be on an airplane tomorrow headed back. i actually think there's still a chance to get something done. and so, you know, these deals usually come together at the last moment. that's what happened in the budget bill, the debt ceiling bill. i think that's going to happen again. >> joining me from capitol hill is mike viqueira. thanks for being here. >> hey. >> you heard congressman cole there, number four house republican, deputy whip. he knows a bit about this. is he just trying to sound sort of positive? what do you take from that on the ground? >> i don't think that tom cole has the constituency, although he's known as a reasoned member a
but it sounds like reid doesn't want to get played here. he says he's going to only bring that bill to the floor if the house agrees to work with him on final passage. the house couldn't deliver a vote on the last republican plan so that condition seems like a deal breaker. but tom cole, the number four house republican says sometimes the real imagine ek happens in the bottom of the ninth. >> i'm going to be on an airplane tomorrow headed back. i actually think there's still a chance to...
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the dow was down triple digits after senate majority leader harry reid said that the u.s. is poised to tumble over the fiscal cliff but there was a late-day turnaround on the news that the house will hold a special session on sunday night. >>> directv customers can expect to pay more for their programing packages in 2013. the satellite cable provider is planning to hike prices by an average of 4 1/2% starting february 7th, citing higher programing costs and expects to pay it. v channel owners next year. >>> amazon.com is the place to go for online shopping this holiday season. according to a new survey from forse amazon took the top spot thanks in part to its wide variety of merchandise and its user-friendly site. that's the latest from fox biz is about business, giving you the power to prosper [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not ke viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood
the dow was down triple digits after senate majority leader harry reid said that the u.s. is poised to tumble over the fiscal cliff but there was a late-day turnaround on the news that the house will hold a special session on sunday night. >>> directv customers can expect to pay more for their programing packages in 2013. the satellite cable provider is planning to hike prices by an average of 4 1/2% starting february 7th, citing higher programing costs and expects to pay it. v channel...
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. >> one last question, harry reid said if you can't put something by tonight, he will put a scaled down version of what the president has asked for with regard to tax cuts on the senate planned for of course that is raising taxes on everybody making above $250,000 a year. do you think, knowing your republican colleagues, that enough republicans will cross over the democratic side and allow that to pass, if -- even if it's 60 votes needed? >> you know, it's hard to say until we know exactly what might be in it. this -- this is what i would say about that. if that's where we end up and if he decides to move a bill onto the floor and maybe could pick up the house passed extension of all the rates, hr-8, as a vehicle for that he ought to open it up to the amendment process, give us an opportunity to debate some of these things that we think ought to be a part of t what he will more than likely do, if history is any guide in this, is take a bill and felt amendment tree and prevent republicans from having an opportunity to offer amendments. think we would welcome an opportunity to have a deba
. >> one last question, harry reid said if you can't put something by tonight, he will put a scaled down version of what the president has asked for with regard to tax cuts on the senate planned for of course that is raising taxes on everybody making above $250,000 a year. do you think, knowing your republican colleagues, that enough republicans will cross over the democratic side and allow that to pass, if -- even if it's 60 votes needed? >> you know, it's hard to say until we know...
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>> it's clear from senator reid said, they are not going to touch social security. but the president has made clear in discussions with speaker boehner, these entitlement programs will be on the table but only if it's a broader debt deal. republicans have different ideas. they want to see more cuts in spending right now. >> arthel: thank you very much. >> gregg: congress is not only facing a fiscal cliff, it's up a dairy clarify, if you will. the current farm bill is set to expire on new year's day. if an extension of that is not passed, the farm policies would revert to laws back to 1949 and cost of milk, that could skyrocket. back then the government used a formula to calculate dairy prices that is much more expensive than it is today. one option said to be on the table is short term extension that would prevent milk prices from rising. >> arthel: to other stories. a judge ordering a psychiatric evaluation for a woman suspected of shoving a man off a new york public is way platform. he was arraigned last night on murder and hate crime. she confessed to pushing a m
>> it's clear from senator reid said, they are not going to touch social security. but the president has made clear in discussions with speaker boehner, these entitlement programs will be on the table but only if it's a broader debt deal. republicans have different ideas. they want to see more cuts in spending right now. >> arthel: thank you very much. >> gregg: congress is not only facing a fiscal cliff, it's up a dairy clarify, if you will. the current farm bill is set to...
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and again, president obama tonight calling harry reid, nancy pelosi to make sure that they both signed off on this deal, which they have. so now we have the vice president who is just arriving at the hill. he is going to sit down with the democratic caucus, sell this deal to the caucus, answer their questions, answer their concerns. but, again, the broad outlines of the deal have been agreed upon by all the major players who are involved in this. of course, vice president biden has been playing a critical role in these negotiations, really the entire time. but especially since saturday when leader mcconnell reached out to him and asked him to get more engaged, which he did. and that is really when we saw this ball move forward. and now it appears inching closer by the hour to the end game. so, again, president obama reaching out to key leaders on the hill, making sure that they agree with this deal. and it appears at this hour that they do. and vice president biden now going to sell to it the caucus. milissa? >> all right, kristen welker, stand by for us, if you please. let's go to nbc
and again, president obama tonight calling harry reid, nancy pelosi to make sure that they both signed off on this deal, which they have. so now we have the vice president who is just arriving at the hill. he is going to sit down with the democratic caucus, sell this deal to the caucus, answer their questions, answer their concerns. but, again, the broad outlines of the deal have been agreed upon by all the major players who are involved in this. of course, vice president biden has been playing...
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firsthanding the ball off to harry reid. when harry reid couldn't get anywhere. he handed it off to joe biden. i think this is not a congress that distinguished itself. in particular, the united states senate which hasn't passed a budge net how many years now? so i think the house at least has done its job. it has passed an alternative for example for the sequester cuts. it did come up with a plan to avert the tax increases across the brd? the senate has really done nothing. and it is amazing to me that people would ask for their jobs back. when they haven't been able to do their jobs in any meaningful sense in the last few years. >> jennifer, listen. i'm in a charitable mood. i've been defending congress. these people were elect ped sop clearly somebody believes they need to elect these rigid dog mattic individuals that won't budge. >> i don't mind so much that they are dogmatic. i would like for them to put forth the foe seerable course. what does harry reid believe? what does chuck schumer believe? let them put something on the table, go through a congress and
firsthanding the ball off to harry reid. when harry reid couldn't get anywhere. he handed it off to joe biden. i think this is not a congress that distinguished itself. in particular, the united states senate which hasn't passed a budge net how many years now? so i think the house at least has done its job. it has passed an alternative for example for the sequester cuts. it did come up with a plan to avert the tax increases across the brd? the senate has really done nothing. and it is amazing...
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senator harry reid will pass this plan and does not want to put it to a vote unless he knows it will pass the housement they want to avoid fitting the call. house speaker john boehner held a meeting with fellow gop leaders and said he would give them 48 hours before calling them back from their holiday vacation meaning saturday is the earliest time a fiscal vote could take place on this deal. treasury secretary tim geithner said the united states will hit the debt ceiling on monday unless he takes extraordinary measures. they believe it could force congress to come up with a deal before monday's deadline but some republicans are not as optimistic. live in washington, ktvu channel 2 morning news. >>> they set $2 billion for unit who made her first court appearance. she was drunk when she hit a group of people. the woman was knocked up to a hill and she was studying criminal justice before that police crash. >> she is somebody who was never in trouble before and a quarter short of graduating from college. it is horrible of what their family is going through. >> eunice is expected to en
senator harry reid will pass this plan and does not want to put it to a vote unless he knows it will pass the housement they want to avoid fitting the call. house speaker john boehner held a meeting with fellow gop leaders and said he would give them 48 hours before calling them back from their holiday vacation meaning saturday is the earliest time a fiscal vote could take place on this deal. treasury secretary tim geithner said the united states will hit the debt ceiling on monday unless he...
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the senate majority leader harry reid and john boehner exchange harsh words. the fiscal cliff in just five days and still no deal. the winter storm that slammed the south is now stranding thousands of travelers in the northeast and beyond. that is coming up. >>> and the russian president vladimir putin says he will sign a bill banning americans from adopting russian children. that's all ahead unless breaking news changes everything on "studio b." i'm trace gallagher in for shepard smith. first from fox at 3:00, back to work in washington, d.c. with less than five days to go before falls right off the fiscal cliff. the senate back in session today and it's the first time the senate or house has met for business between christmas and new year's in more than four decades. president obama cut his hawaii trip short arriving in washington early today. for now, the house of representatives is not in session but we've learned those lawmakers are set to return this weekend. today the senate majority leader, harry reid, says we've just about run out of time. >> if we go
the senate majority leader harry reid and john boehner exchange harsh words. the fiscal cliff in just five days and still no deal. the winter storm that slammed the south is now stranding thousands of travelers in the northeast and beyond. that is coming up. >>> and the russian president vladimir putin says he will sign a bill banning americans from adopting russian children. that's all ahead unless breaking news changes everything on "studio b." i'm trace gallagher in for...
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great to hear harry reid on this. the last time i checked the do so called proposal that a he put forth in july didn't really receive any support and only dealt with tax increases. it wasn't a comprehensive deal and didn't involve real spending cuts it was just raise tax and it went no where. for him to blame republicans, come on. >> don't forget, it has been 13 hyundais since hair arery reid even passed a budget out of the united states senate. we don't even know what the united states senators stand for in terms of the budget debate. the same thing on taxes. the house actually passed a lot of people don't know that earlier this year the house passed a bill to extend all of the bush era tax cuts for another year until resolve the issue. the senate again didn't act on that. the grave yard of the items are the united states senate. the other thing interesting harry reid said the president has his door open to any negotiating in any kind of deal that the republicans may offer. they put revenues on the table which a lot
great to hear harry reid on this. the last time i checked the do so called proposal that a he put forth in july didn't really receive any support and only dealt with tax increases. it wasn't a comprehensive deal and didn't involve real spending cuts it was just raise tax and it went no where. for him to blame republicans, come on. >> don't forget, it has been 13 hyundais since hair arery reid even passed a budget out of the united states senate. we don't even know what the united states...
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Dec 27, 2012
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within the past hour, senate majority leader harry reid spoke on the floor. he really gave it to john boehner. he got pretty personal. >> he did. he really laid the blame at boehner's lap. talked about the fact that he was surprised that the house isn't even in session, which is true, but let's get real. the senate came back into session this morning. most importantly, he was very, very pessimistic about getting anything done before we reach that fiscal cliff. listen to what he said. >> the speaker just has a few d days left to change his mind, but i have to be very honest, mr. president. i don't know time wise how it can happen now. >> let me kind of lay out the state of play. i'll try to keep it out as much as possible. this is something everybody is focused on. the ball is in the senate's court right now. so what senator reid, who you saw earlier, and the president, what they are trying to figure out is whether or not they can craft what the president called a scaled-back bill, which is what he campaigned on. raising taxes for everybody making more than $2
within the past hour, senate majority leader harry reid spoke on the floor. he really gave it to john boehner. he got pretty personal. >> he did. he really laid the blame at boehner's lap. talked about the fact that he was surprised that the house isn't even in session, which is true, but let's get real. the senate came back into session this morning. most importantly, he was very, very pessimistic about getting anything done before we reach that fiscal cliff. listen to what he said....
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Dec 30, 2012
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reid said everybody can go home until about 11:00 tomorrow. tomorrow is new year's eve, for those paying attention. and apparently, there's no dignity left in the senate or house and they will be in tomorrow on new year's eve pretending like they're going to get to some kind of resolution here. >> what do we know about where they are, robert? did the inclusion of the vice president make any difference? what do you know? >> i think that's a key point, chris. tin collusion of vice president biden in these talks means that though these talks are stalled, negotiations continue. harry reid and mitch mcconnell had some problems getting to a final offer, final counteroffer this afternoon. but the inclusion of vice president biden means the white house is in the loop with what minority leader mcconnell is doing. >> how much hope is really the question here, ryan? taking the cost of living essentially, the cpi off the table for social security, which was going to be a non-starter for harry reid and for the president, so i guess the republicans could sa
reid said everybody can go home until about 11:00 tomorrow. tomorrow is new year's eve, for those paying attention. and apparently, there's no dignity left in the senate or house and they will be in tomorrow on new year's eve pretending like they're going to get to some kind of resolution here. >> what do we know about where they are, robert? did the inclusion of the vice president make any difference? what do you know? >> i think that's a key point, chris. tin collusion of vice...
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thanks to hogan gidley and joy reid. have a wonderful holiday, new year if i don't see you. >> thanks, god bless, karen. >>> coming up, republicans do something, anything, can they, to make inroads with latinos? stay with us. [ cellphon irping ] [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. we can live without the &. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu t
thanks to hogan gidley and joy reid. have a wonderful holiday, new year if i don't see you. >> thanks, god bless, karen. >>> coming up, republicans do something, anything, can they, to make inroads with latinos? stay with us. [ cellphon irping ] [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &....
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Dec 29, 2012
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the pressure is on for senate majority leader harry reid to cobble together the deal. minority leader mitch mcconnell to ensure no republicans block the bill. for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package has much more for democrats to like. so don't expect that to get very far. but all sides now agree the senate must first pass a bill before the house makes any kind of move. so all eyes will be on mitch mcconnell and harry reid and their negotiators holed up on capitol hill. the senate comes back into session at 1:00 on sunday. >> jessica yellin, thanks. >>> and with the pressure now squarely on the senate to fix the fiscal cliff, they will lead the talks this weekend. a period of time reid calls, quote, very important, mcconnell says he's hopeful both sides will have a plan to present to the
the pressure is on for senate majority leader harry reid to cobble together the deal. minority leader mitch mcconnell to ensure no republicans block the bill. for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package...
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harry reid says he has reached out to the president on the phone a couple of times. republicans say there is no single issue that should break this. there is something that democrats are talking about. what we have learned is in an offer presented by republicans last night at 7:00 included within that was a request to make a change to how future increases to the payments of social security would change. not taking any money away presently but over the years to come reducing the amount of increase. that is called chain cpi. for democrats it is a nonstarter. here is majority leader harry reid. >> we're not going to have any social security cuts. at this stage that doesn't seem appropriate. i still hold out hope that we can get something done but i'm not overly optimistic but i am cautiously optimistic. >> so you hear some sense that there might be a potential for movement. i think we have to judge everything in little incremental steps. why do republicans want that? basically their focus is if they are giving on tax increases which we get the indication they are willin
harry reid says he has reached out to the president on the phone a couple of times. republicans say there is no single issue that should break this. there is something that democrats are talking about. what we have learned is in an offer presented by republicans last night at 7:00 included within that was a request to make a change to how future increases to the payments of social security would change. not taking any money away presently but over the years to come reducing the amount of...
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stocks initially sold off after senate majority leader harry reid predicted the economy would go over the cliff. speaking from the senate floor he said there's not enough time between now and the end of the year to reach a deal. but stocks erased their losses ithe final hour of trading on news that the house of representatives will reconvene on sunday night to resume talks. by the closing bell, the dow was down only 18 points, bouncing back from a triple digit loss, the nasdaq lost four, and the s&p slipped almost two points. so what happens next? and can lawmakers prevent an economic crisis by agreeing on a fiscal cliff deal? darren gersh reports. >> reporter: here is a measure of how bad things are now in washington. markets rallied on news the house will come back to work on sunday, even though there is no solution ready for lawmakers when they return. and in the senate, which is back at work, republican leader mitch mcconnell warned he would not write a blank check to the white house, though he said he would keep an open mind on anything the president proposes. >> it appears to me
stocks initially sold off after senate majority leader harry reid predicted the economy would go over the cliff. speaking from the senate floor he said there's not enough time between now and the end of the year to reach a deal. but stocks erased their losses ithe final hour of trading on news that the house of representatives will reconvene on sunday night to resume talks. by the closing bell, the dow was down only 18 points, bouncing back from a triple digit loss, the nasdaq lost four, and...
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>> didn't reid say it's not on the table? >> yes. >> every bipartisan proposal does include those changes. >> understand what we're talking about is a short-term deal. dr. sachs is right, we have to get to simpson-bowles -- and michael is right -- we have to get to the framework of simpson-bowles to really solve the debt crisis. we haven't even taken a shot at that. we've wasted two months. we've kicked the can down the road. when we have to come to grips with the long term, yes, there has to be a framework along the lines of simpson-bowles. >> okay. so first of all, everyone understands how serious this is. and for those who are clueing in, those who are worried about their own personal economies, this is what's at stake. according to the congressional budget office, a fall over the fiscal cliff, which would happen at midnight tonight, would shrink the u.s. economy next year by a half a percent. unemployment would rise to 9.1%. the bush-era tax cuts would expire, hiking taxes in every bracket by an average of $3,400. america
>> didn't reid say it's not on the table? >> yes. >> every bipartisan proposal does include those changes. >> understand what we're talking about is a short-term deal. dr. sachs is right, we have to get to simpson-bowles -- and michael is right -- we have to get to the framework of simpson-bowles to really solve the debt crisis. we haven't even taken a shot at that. we've wasted two months. we've kicked the can down the road. when we have to come to grips with the long...
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. >> reporter: with that harry reid and mitch mcconnell launched a latch-dimp effort to craft a bipt plan to that stop the tax hike going into effect on new year's day. they negotiated all day saturday. saturday night there was an offer. by this morning, a clear sense of optimism and warnings that failure would be unthinkable. >> there are no breakthroughs yet, but there's a real possibility of a deal. >> if we are not able to reach an agreement, it will be dire. >> the morning's optimism turned into the afternoon's pessimism. the senate opened for business at 1:00 p.m. with the ominous prayer from the chaplain. >> look with favor on our nation and save us from self-inflicted wounds. >> reporter: soon democratic leader reed acknowledged he had not been able to make a counteroffer to republicans. >> it's just that we're apart on some pretty big issues. >> frustrated with the impasse, republican mcconnell said he called vice president biden, urging him to get involved. >> i'm concerned about the lack urgency here. i want erch to know i'm willing to get this done, but i need a dance par
. >> reporter: with that harry reid and mitch mcconnell launched a latch-dimp effort to craft a bipt plan to that stop the tax hike going into effect on new year's day. they negotiated all day saturday. saturday night there was an offer. by this morning, a clear sense of optimism and warnings that failure would be unthinkable. >> there are no breakthroughs yet, but there's a real possibility of a deal. >> if we are not able to reach an agreement, it will be dire. >> the...
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harry reid tanking the markets earlier. but as you say they're talking again maybe in the house on sunday night. so it goes. my next guest has been the head of the nonprofit organization uso since 2008. which is a charitable organization committed to taking care of u.s. troops. sloane gibson, uso's ceo an joins me from the nasdaq marketsite where he will ring the closing bell, oh, in about 41 minutes or there abouts. congratulations on that, sloane. thank you for joining us. i know you got back from a holiday uso tour. tell me what the uso provides and why is it so important? >> well the uso's mission is to lift the spirits of america's troops and their families. we've been around for over 71 years now and we constantly change. while the mission stays the same we change and adapt to the changing needs of troops and families. so today you find us pouring a lot of support to former deployed troops serving in harm's way, to military families that have endured stresses of multiple deployments to wounded and injured troops and t
harry reid tanking the markets earlier. but as you say they're talking again maybe in the house on sunday night. so it goes. my next guest has been the head of the nonprofit organization uso since 2008. which is a charitable organization committed to taking care of u.s. troops. sloane gibson, uso's ceo an joins me from the nasdaq marketsite where he will ring the closing bell, oh, in about 41 minutes or there abouts. congratulations on that, sloane. thank you for joining us. i know you got back...
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Dec 24, 2012
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senate majority leader harry reid, minority leader mitch mcconnell will have to work together. a lot of focus shifts to mcdonnell. he has to try to get something that will pass with republicans that they can get through the house and senate, but i think president obama certainly has a role to play. remember, he is the one who ran on the platform. >>> you heard him map out on friday. he would like a scaled-back version of the grand bargain, something to prevent taxes going up, and also lay the groundwork potentially for deficit reduction in the future. i think you will see president obama cut his vacation short, and continue to play a role in those negotiations. richard. >>> kristin, over the weekend, he attended the funeral for the late senator inouye, who he has called an inspiration to him. what did you see in that service? >> well, more than 20 members of congress attended, mostly democrats, majority leader harry reid spoke and praised senator inouye for his partisan spirit, reaching across the aisle. of course in an earlier memorial service, the president called the late se
senate majority leader harry reid, minority leader mitch mcconnell will have to work together. a lot of focus shifts to mcdonnell. he has to try to get something that will pass with republicans that they can get through the house and senate, but i think president obama certainly has a role to play. remember, he is the one who ran on the platform. >>> you heard him map out on friday. he would like a scaled-back version of the grand bargain, something to prevent taxes going up, and also...
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are expecting to hear from republican leader mitch mcconnell, maybe even senate majority leader harry reid, as of now so far as we know there is no fiscal cliff deal, but negotiations primarily betweens those two men are going on even as we speak or between their staffs. we're hearing a new sense of optimism from some senate members who believe they might be able to pass some kind of minimalist package that would keep tax rates from going up on the majority of americans. i want to go to capitol hill and cnn's senior congressional correspondent dana bash. dana, is that the sense you get that somehow we should be optimistic about whatever it is that's going on? >> you know, as we talked about before, you definitely get a feeling or the atmosphere here is that there is progress being made but in the same breath, but, there are still thingsing to worked out. as we wait for what we generally see when the senate opens which is the pledge of allegiance, a prayer and so forth, if you see the bottom of your screen, i'm not sure if you can see it, white hair, that is harry reid, the senate majority
are expecting to hear from republican leader mitch mcconnell, maybe even senate majority leader harry reid, as of now so far as we know there is no fiscal cliff deal, but negotiations primarily betweens those two men are going on even as we speak or between their staffs. we're hearing a new sense of optimism from some senate members who believe they might be able to pass some kind of minimalist package that would keep tax rates from going up on the majority of americans. i want to go to capitol...
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so joining me, i think we still have joy ann reid from the grio. i want to ask you if you're still there about the comments that -- i'll just read them out from harry reid, the senate majority leader. he said there was a long meeting at the white house, it was very constructive. we hope it will bear fruit but that's what we hope to learn. he said i think the next 24 hours will be tre instructive as to what we're able to accomplish. we talked about a lot of things. there's no concrete proposal at this time he said. we have a number of different directions we're going it try to take and we're going to see what can be worked out. joy, if they're talking like this in vague terms, does this make us feel like there's something going on? i mean, obviously there's a communication there, but without a concrete proposals, how quickly can they turn this around? >> well, you know what, richard, i think this could be john boehner learning the lesson of not to put out any specifics he can't deliver on. we were just talking about that before. he's been burned bef
so joining me, i think we still have joy ann reid from the grio. i want to ask you if you're still there about the comments that -- i'll just read them out from harry reid, the senate majority leader. he said there was a long meeting at the white house, it was very constructive. we hope it will bear fruit but that's what we hope to learn. he said i think the next 24 hours will be tre instructive as to what we're able to accomplish. we talked about a lot of things. there's no concrete proposal...
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harry reid hasn't done it. >> at least the house toput something on the table. speaker boehner when we talk about the balanced approach if the president has a fair stick he talks about the rich need to pay a little bit more. >> it looks like we are defending the rich as opposed to we have a real problem all together. >> coming up, the president continues to defend his friend susan rice. is he perpetuating his own administration's line? later, vladimir putin moved despite the united states. >>> from america's news headquarters i'm patti ann browne. in new york, bit temperatures marking the end of 2012 across the northeast. southern new england hardest hit by the second winter storm in less than a week. up to a foot of snow reported there. almost five merrill lynch inches fell across pennsylvania. many travelers headed home after the holidays may find getting there a bit tough. the airlines had to cancel or tee lay more than 1500s flights over the weekend. just hours away now from the biggest new year's eve party in the world. monday night, new york's times scare
harry reid hasn't done it. >> at least the house toput something on the table. speaker boehner when we talk about the balanced approach if the president has a fair stick he talks about the rich need to pay a little bit more. >> it looks like we are defending the rich as opposed to we have a real problem all together. >> coming up, the president continues to defend his friend susan rice. is he perpetuating his own administration's line? later, vladimir putin moved despite the...
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harry reid hasn't done it. >> at least the house toput something on the table. speaker boehner when we talk about the balanced approach if the president has a fair stick he talks about the rich need to pay a little bit more. >> it looks like we are defending the rich as opposed to we have a real problem all together. >> coming up, the president continues to defend his friend susan rice. is he perpetuating his own administration's line? later, vladimir putin moved despite the united states. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the c
harry reid hasn't done it. >> at least the house toput something on the table. speaker boehner when we talk about the balanced approach if the president has a fair stick he talks about the rich need to pay a little bit more. >> it looks like we are defending the rich as opposed to we have a real problem all together. >> coming up, the president continues to defend his friend susan rice. is he perpetuating his own administration's line? later, vladimir putin moved despite the...
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many assume that is what will happen if harry reid put the president's plan on the floor. the negotiations over that are a big sticking point. i have heard from republicans that it may have gone as high as $500,000. they say they are negotiating but they will not say the number. i hear it may be as high as $500,000. >> thank you for the update. midafternoon today, senator john thune spoke with reporters on where things stand on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but discussions still continue. senator mcconnell and vice president joe biden are continuing to discuss this and we think there still could be a path forward. democrats have come out and made a huge deal out of changing this and republicans are very concerned that it should not be used as an offset to reduce or replace some of the spending cuts that would occur and de
many assume that is what will happen if harry reid put the president's plan on the floor. the negotiations over that are a big sticking point. i have heard from republicans that it may have gone as high as $500,000. they say they are negotiating but they will not say the number. i hear it may be as high as $500,000. >> thank you for the update. midafternoon today, senator john thune spoke with reporters on where things stand on the fiscal cliff. >> where do things stand as far as a...
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senator reid should talk less and legislate more. legislate more? what legislation has speaker boehner been working on while on vacation? while we're about to go over the cliff, the gop has been pointing fingers at the president. one gop aide says talks have failed because "the president made a strategic miscalculation and overreached. he picked a fight." picked a fight? sorry, that's not going to fly. the president has come to the table with numerous proposals. he isn't picking a fight. he's fighting for the american people. we all want a deal. but we will not give up our core principles. the president ran on families and has the american people on his side. that's why speaker boehner and mitch mcconnell are cracking up with the clock ticking. joining me now is form er pennsylvania governor ed rendell. jerry bernstein, senior fellow at the center and jonathan, opinion writer for "the washington post" and an msnbc kriblt tor. contributor. thank you all for coming on the show. governor rendell, let me start with you. have you ever, ever seen anything
senator reid should talk less and legislate more. legislate more? what legislation has speaker boehner been working on while on vacation? while we're about to go over the cliff, the gop has been pointing fingers at the president. one gop aide says talks have failed because "the president made a strategic miscalculation and overreached. he picked a fight." picked a fight? sorry, that's not going to fly. the president has come to the table with numerous proposals. he isn't picking a...
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reid, go to work. you've had years to lead this senate. go to work on that. i think we have principled leadership. >> i agree. >> often timesn0 i'm worried and the real issue is spending. it's a spending problem. the issue just came up. >> right. >> so where do we go from here? congressmanvbñn gomer? it's been put in the senate in their hands wex heard from hairy red today. moving forward. i understand the president is reac republicans in the senate. but they don't have the rightbw to originate constitutionally spending bills from there. where do we go from here? >> well, either the senate will do their constit/2ajal duty of taking a bill that originated in the house, and dealing with the issue and pass their version of it. then it would go a conference committee where compromise gets worked out.sqç hairy reid is becoming the cliff diver here by saying we're not going toq#éy let our house, senate'>pzg house, funct. we're going to dive off the cliff and blame the republicans and every ledge down the way. >> gentlemen. good to see you. we're going to contin
reid, go to work. you've had years to lead this senate. go to work on that. i think we have principled leadership. >> i agree. >> often timesn0 i'm worried and the real issue is spending. it's a spending problem. the issue just came up. >> right. >> so where do we go from here? congressmanvbñn gomer? it's been put in the senate in their hands wex heard from hairy red today. moving forward. i understand the president is reac republicans in the senate. but they don't have...
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i have a lot of confidence in harry reid's negotiating ability. mitch mcconnell is a veteran negotiator, and i think there's a far better prospect of something being worked out in the senate than there was dealing with speaker boehner and his completely dysfunctional house republican party. >> sure. well, abiding by convention and of course protocol, the senate won't return until sunday. will there be enough time for the senate leaders to really craft a deal that is substantiative and makes a difference, especially to the most vulnerable americans? >> yeah, i think the two keys that the president laid out are to protect middle class americans from tax increases and to protect families that haven't been able to get back in the workforce have having their unemployment insurance cut off. and if those two things can be done, a lot of the rest can be worked in in the weeks and days to come. we have other deadlines coming up for the debt limit and for the end of the continuing resolution, so i think this is likely to be a bit of a continuing process. bu
i have a lot of confidence in harry reid's negotiating ability. mitch mcconnell is a veteran negotiator, and i think there's a far better prospect of something being worked out in the senate than there was dealing with speaker boehner and his completely dysfunctional house republican party. >> sure. well, abiding by convention and of course protocol, the senate won't return until sunday. will there be enough time for the senate leaders to really craft a deal that is substantiative and...
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senators reid and mcconnell talking past each other. sounds like we're not exactly close to a fiscal cliff resolution at this point. >> yeah. what does it all mean for wall street? will it be an ugly day? michael guyette from pension partners and michael farr from farr miller in washington and our very own rick santelli. michael, i'll get to you in a minute. the markets moved up and closed marginally in the red on the news the house will reconvene on sunday night. i get the feeling that all of that back and forth between senators reid and mcconnell, had that come out during market hours, the market would have reacted very differently. so far apart. i didn't hear anything in the way of compromise there. >> even before of the house meeting, marks were down 1.2%. that's noise but not really a panic. the result of the fiscal cliff here is not risk off. it's risk protation into those areas of the investable landscape. look at emerging markets, lock at europe. they are decoupling. if anything, price is still very bull ir. i would rather liste
senators reid and mcconnell talking past each other. sounds like we're not exactly close to a fiscal cliff resolution at this point. >> yeah. what does it all mean for wall street? will it be an ugly day? michael guyette from pension partners and michael farr from farr miller in washington and our very own rick santelli. michael, i'll get to you in a minute. the markets moved up and closed marginally in the red on the news the house will reconvene on sunday night. i get the feeling that...
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harry reid, before his closed door luncheon, said he was still cautiously optimistic. hard to see from our perspective why he would say this because things seem pretty bleak at this point, though you never know what's going on behind closed doors. melissa. >> thank you very much. keeping an eye on that podium because senator harry reid is apparently going to come out and speak in a few minutes so we'll watch for that. let's go to the white house correspondent kristen welker. we know the senate majority leader has talked to the president. has there been any reaction from the white house today. >> reporter: the white house is not commenting on these negotiations that are going on over on the hill. they do not want to derail them by speaking out, by agitating the situation, but i tell you that there is a lot of investment here going on behind the scenes. in addition to mitch mcconnell speaking to vice president biden, the president sent his top negotiator, one of his top negotiators, rob nabors over to the hill. he's meeting with senate democrats as well this afternoon. a
harry reid, before his closed door luncheon, said he was still cautiously optimistic. hard to see from our perspective why he would say this because things seem pretty bleak at this point, though you never know what's going on behind closed doors. melissa. >> thank you very much. keeping an eye on that podium because senator harry reid is apparently going to come out and speak in a few minutes so we'll watch for that. let's go to the white house correspondent kristen welker. we know the...
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the comment from harry reid you referred to. he said it looked like we'd go over the cliff early on, but we've had so many conflicting events. here's mitch mcconnell, here's what he's having to say. >> it's harry reid i'm told. >> as soon as the votes are over and start debating those amendments tonight. we would really like to get as many, much of that debate out of the night tonight as possible so we can start voting at a reasonably early time tomorrow. the debate today has been stimulating and very thorough and good and we hope,ation understand it, there are three amendments we'll vote on tonight. that will still leave senator wyden's amendment that we'll worry about taking care of that tomorrow sometime. madam president, i ask unanimous consent that at 5:30 any remaining debate time on the amendments be yield back and the senate will vote on the penny amendments, that there be two minutes divided equally between all votes and all shall be ten minutes. >> procedural that they are doing right now. gotten indications that maybe
the comment from harry reid you referred to. he said it looked like we'd go over the cliff early on, but we've had so many conflicting events. here's mitch mcconnell, here's what he's having to say. >> it's harry reid i'm told. >> as soon as the votes are over and start debating those amendments tonight. we would really like to get as many, much of that debate out of the night tonight as possible so we can start voting at a reasonably early time tomorrow. the debate today has been...
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reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capital on couples making more than $250,000 a year, and do a few other nuts and bolts that are deemed the bare minimum th
reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we...
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senate majority leader harry reid says while negotiations are on-going, the senate will not vote on any plan this evening. elizabeth corridan is monitoring the situation from washington, d-c. senate majority leader harry reid says while negotiations are on-going, the senate will not vote on any plan this evening. the senate will reconvene monday morning, at which point there will be just over 12-hours until the u.s. goes over the fiscal cliff. >>> if nothing is done by midnight monday, mandatory tax hikes and spending cuts will kick in, impacting every american. elizabeth corridan is monitoring the situation and brings us the latest. --reporter pkg-as follows -- " as we gather with so much work undone, guide our lawmakers with your wisdom." the senate convened its rare sunday session with a prayer for progress. the house returned from its holiday hiatus. with less than 48- hours until the u-s economy goes over what's being called the fiscal cliff - lawmakers are locked in a fierce face-off over a set of spending cuts and tax hikes. >>> "we're apart on some pretty big issues." "i'm willi
senate majority leader harry reid says while negotiations are on-going, the senate will not vote on any plan this evening. elizabeth corridan is monitoring the situation from washington, d-c. senate majority leader harry reid says while negotiations are on-going, the senate will not vote on any plan this evening. the senate will reconvene monday morning, at which point there will be just over 12-hours until the u.s. goes over the fiscal cliff. >>> if nothing is done by midnight monday,...
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it's more than senator harry reid has done on behalf of the senate democrats. the senate democrats haven't proposed a budget. and unless everyone puts a budget on the table there can't be a discussion. senator harry reid has a pocket veto on the budget. >> and that's not within the law. the law says the congress has to pass a budget every year, the senate has to pass a budget but harry reid has chosen not to bring a budget year after year after year. he's not committed to dealing with the major problem of the country, the spending. >> and it's sort of interesting. nevada re-election him, that's their choice but the rest of the country is held hostage. people in my home state of wisconsin, if they don't like harry reid has majority leader there's nothing they can do. they can put pressure on their senators, but for the most part senator harry reid is in a very powerful position. >> i think he's taking orders from president obama. this is time for the president of the united states to lead. there's only one person who has the pen who can sign into law the law pre
it's more than senator harry reid has done on behalf of the senate democrats. the senate democrats haven't proposed a budget. and unless everyone puts a budget on the table there can't be a discussion. senator harry reid has a pocket veto on the budget. >> and that's not within the law. the law says the congress has to pass a budget every year, the senate has to pass a budget but harry reid has chosen not to bring a budget year after year after year. he's not committed to dealing with the...
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. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours. outside the beltway, carlino will be watching. >> everyone is kind of in a wait-and-see and fingers-crossed per expect tichb right now. >> since 1930 this is only the fifth time congress has worked after christmas. and today's summit is the first time president obama has met face to face with congressional leaders since mid-november. duarte, tick tock. >> thank you. >>> general schwarzkopf is being remembered this morning as a great hero and tactician. as teresa garcia the general died y
. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate...
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. >> reporter: if these talks fail overnight, senate majority leader harry reid says he'll push a white house fall back bill, raising taxes only on families making over $250,000 a year, and also extend unemployment benefits for 2 million americans, that could face an up or down vote in monday's session. >> we're going to come in 11:00 a.m. tomorrow morning, and we'll have further announcements perhaps at 11:00 in the morning. i certainly hope so. >> reporter: so much at stake for your wallet. because if we go off the fiscal cliff, it will be the largest tax increase since world war ii. not to mention the fact that if there's no deal, the markets may react in a very negative way. at the white house, ed henry, fox news. >>> let's bring in fox 5's political analyst mark plotkin for more insight. good to see you. >> good to be here. >> despite the setback, both sides are saying there will be a deal. i'm wondering, is there political theater, and if so, what does it aid? >> i think a deal will be minimal. both parties are concerned that they will look bad. right now polls show that the publi
. >> reporter: if these talks fail overnight, senate majority leader harry reid says he'll push a white house fall back bill, raising taxes only on families making over $250,000 a year, and also extend unemployment benefits for 2 million americans, that could face an up or down vote in monday's session. >> we're going to come in 11:00 a.m. tomorrow morning, and we'll have further announcements perhaps at 11:00 in the morning. i certainly hope so. >> reporter: so much at stake...
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i think if harry reid does it, fine. let him do it. we need to think of what the country needs more than what each party does and concerned about the election on january 3rd? if nothing happens, he may have to worry about the election, john boehner. what i would advise him to do, he doesn't seek my advice, let me give you some advice. be what you want to be. do what you have to do. and democrats will support you if you do that. >> do you think at this point there's even enough time to get a deal done? realist achally. >> absolutely. there is time. now, i know we went out of session today and won't be in session technically until monday. that can change over the weekend. through emergency. so what happens to saturday and sunday? i mean, we all rather be with our families and friends but the fact is america needs this done right now. you know what's disappointed me most of all, craig? talking heads, many of them on television and some members of my own party saying, well, it won't be as bad. we'll take it up in the new congress. i think
i think if harry reid does it, fine. let him do it. we need to think of what the country needs more than what each party does and concerned about the election on january 3rd? if nothing happens, he may have to worry about the election, john boehner. what i would advise him to do, he doesn't seek my advice, let me give you some advice. be what you want to be. do what you have to do. and democrats will support you if you do that. >> do you think at this point there's even enough time to get...
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and i have asked senator reid to do. this put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment insurance is still available for 2 million people, and that lays the groundwork then for additional deficit reduction and economic growth steps that we can take in the new year. >> joining us now from capitol hill. south dakota republican senator john thune, a member of the budget committee. so, senator, what do you make of the president's plan? >> i'm just glad the president is engaged. you can't do big things in washington, d.c. without presidential leadership. that's what we haven't had. the fact that he is now owe table. better late than never i would argue. at least he is at the table presenting something that will give us a chance hopefully to get some bipartisan support in the senate and perhaps get something to the house that will avert what everybody agrees is a major economic disaster. but we're still waiting for the details and obviously there is a long ways to go
and i have asked senator reid to do. this put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment insurance is still available for 2 million people, and that lays the groundwork then for additional deficit reduction and economic growth steps that we can take in the new year. >> joining us now from capitol hill. south dakota republican senator john thune, a member of the budget committee. so, senator, what do you make of the president's...
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the democrats are wasting no time in the event harry reid needs the vote to avert the fiscal cliff. but the house? a different story. speaker john boehner held a conference call with republican leadership today, and basically decided to do nothing. there are no immediate plans to return to washington. even as that decision is made, how members have 48 hours to get there. house republican leadership released a statement today reading in part, the house has acted on two bills which collectively would avert the entire fiscal cliff if enacted. those bills await action by the senate if the senate will not approve and send them to the president to be signed into law in their current form. they must be amended and returned to the house. the house will take this action on whatever the senate can pass, but the senate must first act. the house has passed bills that would never pass the senate. speaker boehner's position is a joke. senate majority leader harry reid responded, house republicans pushed middle class families closer to the blip by wasting an entire week with their incompetent plan
the democrats are wasting no time in the event harry reid needs the vote to avert the fiscal cliff. but the house? a different story. speaker john boehner held a conference call with republican leadership today, and basically decided to do nothing. there are no immediate plans to return to washington. even as that decision is made, how members have 48 hours to get there. house republican leadership released a statement today reading in part, the house has acted on two bills which collectively...
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so if harry reid and mr. mcconnell can't come up with something, then you've got barack obama's proposal. >> joy, even before it gets to the house republicans, there are plenty of republicans in the senate who can mess this up, right? even if mcconnell and reid have a deal, there's no guarantee that there isn't a single tea party-backed senator. >> well, i mean, at the end of the day, look, mitch mcconnell is a much better leader of his caucus. and mcconnell has really controlled the leaders. the fact that he's meeting with harry reid means there probably isn't going to be a filibuster. i'll find that very surprising. the problem is that never have we seen, not in my lifetime, a weaker speaker of the house of representative than john boehner. john boehner has essentially thrown up his hands and walked away from this process. he's walked away from the constitutional mandate that senate and tax bills come from the house, not the senate. and he's said you guys pass something. they were going to pass something. i
so if harry reid and mr. mcconnell can't come up with something, then you've got barack obama's proposal. >> joy, even before it gets to the house republicans, there are plenty of republicans in the senate who can mess this up, right? even if mcconnell and reid have a deal, there's no guarantee that there isn't a single tea party-backed senator. >> well, i mean, at the end of the day, look, mitch mcconnell is a much better leader of his caucus. and mcconnell has really controlled...
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harry reid has hunls of bills bottled up. the idea that one bill is entitled, well, in fact, both the senator and i would love to have some things unbottled for an up or down vote. it's not the process or fair to divide america. >> i've got to run. to be continued. i hope you'll come back. thank you so much. thank you all for being here. i appreciate it. >>> up next, why neglecting rural america could be costly for everyone. later, the washington game that never gets old. >> kicking the can down the road. >> we're not going to address it by kicking the can down the road. >> kick the can down the road when it comes to solving the larger problem of our deficit. s, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your
harry reid has hunls of bills bottled up. the idea that one bill is entitled, well, in fact, both the senator and i would love to have some things unbottled for an up or down vote. it's not the process or fair to divide america. >> i've got to run. to be continued. i hope you'll come back. thank you so much. thank you all for being here. i appreciate it. >>> up next, why neglecting rural america could be costly for everyone. later, the washington game that never gets old....
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harry reid was sounding the death knell. what happened yesterday, david? >> congressional leaders came to the white house and had direct talks with the president and john boehner continues to say, look, new it's up to the senate to take action and so there is -- what was noticed on these negotiations and the question is go going, and that's the sticking point and we're waiting to see what happens and we're running out of time and as the other guests have said, it will be up to the house to see if they can get it through. >> i want to throw it up on the screen so folks at home can appreciate when we're talking about and what it will mean for people if no deal is reached. the bush tax cuts expire for all americans. that means everyone's taxes go up. the payroll tax holiday will expire which means roughly $1,000 decrease in take home pay for the the average worker. unemployment insurance goes away for more than 2 million people. the sequester as well, $110 billion in automatic spending cuts to defense and other domestic programs. that's going kick in, as well
harry reid was sounding the death knell. what happened yesterday, david? >> congressional leaders came to the white house and had direct talks with the president and john boehner continues to say, look, new it's up to the senate to take action and so there is -- what was noticed on these negotiations and the question is go going, and that's the sticking point and we're waiting to see what happens and we're running out of time and as the other guests have said, it will be up to the house...
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harry reid is speaking on the floor. let's take a listen. >> because americans' taxes are approaching the wrong direction come the first of this year, americans will have less income than they have today. if we go over the cliff, the house of representatives, as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences where they are around the country and we're here trying to get something done. they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. if we go over the cliff, we'll be left with the knowledge that could have been about a single vote. mr. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have changed around here. i served in the house of representatives. there's 435 members of the
harry reid is speaking on the floor. let's take a listen. >> because americans' taxes are approaching the wrong direction come the first of this year, americans will have less income than they have today. if we go over the cliff, the house of representatives, as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences where they are around the country and we're...
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. >> reporter: if these bipartisan talks fail overnight, senate majority leader harry reid says he will push a white house fallback bill that. would raise taxes only on families making over $250,000 a year. it would also extend unemployment benefits for two million americans. that could face an up or down vote in monday's session. >> we'll come in at 11:00 a.m. tomorrow morning and we'll have further announcements perhaps at 11:00 in the morning. i certainly hope so. >> reporter: so much at stake for your wallet because if we go off the fiscal cliff, it will be the largest tax increase since world war ii, not to mention the fact that if there is no deal, the markets may react any avery negative way. at the white house, ed henry, fox news. >>> till ahead on fox 5 morning news, when it comes to flying, there aren't but something passengers haven't had access to could soon be coming to a flight near you. >> first, secretary of state hillary clinton hospitalized after another health scare. we'll have an update on her condition this morning when we return. >>> bad we
. >> reporter: if these bipartisan talks fail overnight, senate majority leader harry reid says he will push a white house fallback bill that. would raise taxes only on families making over $250,000 a year. it would also extend unemployment benefits for two million americans. that could face an up or down vote in monday's session. >> we'll come in at 11:00 a.m. tomorrow morning and we'll have further announcements perhaps at 11:00 in the morning. i certainly hope so. >>...